From the Washington Post:

Philip Wallach, a senior fellow at the center-right R Street Institute, still thinks the Trump administration will eventually succeed in repealing two major Obama-era environmental regulations, the Clean Power Plan and the Waters of the United States rule, and might get its way on fuel-economy standards. But he doubts it will make much progress on removing “the decades of regulatory build-up before then.” Why not? “My take is that there aren’t private actors with sufficient incentives to drive that kind of deregulation, because existing firms are already compliant and have already baked compliance into their business models,” he wrote in an email. Deregulation, in other words, may have less of a constituency than standing pat.

*Originally published in Bloomberg

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